Analytics 08.03

EUR / USDCurrency pair EUR / USD yesterday traded in a narrow corridor of 40 points. It looks like the pair is gaining strength before the strong movement, which we can observe today in the accompanying speech on the decision on the interest rate in the Eurozone. Or tomorrow at the Non-Pharma.Short-term there is a chance to make a sale from the level of 1.2400 (S / L-1.2430) with a profit of 1.2350.In general, while the forecast for the bulls. During the day we will see the growth of the pair.The main support and resistance lines for the pair today:Resistance: 1.2445; 1.2500; 1.2540support: 1.2390; 1.2330; 1.2280

GBP / USDCurrency pair GBP / USD yesterday traded in a narrow range of 50 points. At the same time and without going beyond the ascending channel on H1.Bulls continue to dominate the market.Forecast for today will be continued growth. The growth is possible to the upper boundary of the channel at H1 1.3960.The scenario will change only if the pair breaks the lower boundary of the rising channel 1.3880 and secures it below it.The main support and resistance lines for the pair today:resistance: 1.3900; 1.3930; 1.3970.support: 1.3880; 1.3840; 1.3790.

USD / JPYCurrency pair USD / JPY tried yesterday to make a small breakthrough up and slightly weaken the Japanese currency. But it still trades below the moving average of MA200 on H1. This means that the main players in the market are bears and that the trend is downward. On the chart of D1, we see that the pair has been trading for the third month in a downward corridor.We continue to monitor this currency pair without taking any actions, because at any time the government of Japan can give a statement on the weakening of the national currency. Recall, for Japan, an expensive national currency is fraught with a decline in the economy.For those who are in transactions for this currency pair. We remind you that you need to minimize your risks and always calculate your MM, and do not forget to fix your profits. The main support and resistance lines for the pair today:Resistance: 106.20; 107.10; 107.70support: 105.60; 105.25; 104.90